Accor Puts Smart Money on Indonesia´s Tourism Future

Accor announced a major expansion of its Indonesian hotel network with five new hotels, strengthening its position as the leading international hotel management in the country.

Three Novotel and two Mercure hotels are being added, including the pioneering launch of the first Accor Premiere Vacation Club (APVC) property in Indonesia, on the resort island of Bali.

APVC is an Australian joint venture company between Accor and Becton, a development and property company. The group owns holiday vacation properties throughout Australia, but this is the first investment by the Australian company in Asia.

Other projects in Indonesia announced are Novotel Tarakan, Novotel Bandung, Mercure Batam and Mercure Surayaba, all scheduled for opening in 2006.

The new hotels will increase Accor´s Indonesian network to 38 hotels and resorts under operation by the end of next year, with the number expected to exceed 50 by the end of 2007.